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Search Results 0 to 49 of about 102 (some duplicates have been removed)
house correspondent, and from cnn money. go big or go home. what is the republican push back? >> reporter: we're going to be finding out very shortly because house speaker john boehner will take to the cameras at 1:30 eastern essentially in the rebuttal to the news conference from the president earlier today. but the push back for republicans has been tax increases. you have republicans who have insisted on no tax increases, and democrats that insisted if there will be spending cuts, to achieve trillions of dollars in deficit savings. they don't want to abandon -- if there are going to be cuts to programs that are huge, they want to be able to say we pushed for sacrifices from wealthy americans and corporations. they are trying to strike kind of a just right agreement. because on one hand, you have a lot of republicans, and many of them who were swept into power in the last election saying we're going to cut spending and make government smaller, so the idea of tax increases, and certainly this is something a lot of them literally pledged they will not do, randi, it would forc
. and carney saying that tomorrow is a big day and everybody has to either come to an assessment that we can do a significant deal and they were talking of course of the $4 trillion deal until the republicans pulled the plug on that last weekend, and they have to come in friday, and friday is shaping up to be something of a deadline, and meanwhile, tim geithner, the treasury secretary up on the hill behind closed doors talking about the senators of a doom and gloom scenario is nothing is done by august 2nd, and the united states has to begin to default as carney and other white house officials call it hypothetical and insists that the country will not default and some arrangement will be made, but it is not clear what the path of the arrangement may be before august 2nd, tamron. >> and what about the report that the president was mulling over a bipartisan meeting at camp david and there is a quote at nancy pelosi saying it is not a good idea many her opinion, because the rsvps have not been released as politico pointed out, but what is story here? >> well, everybody is backing away from somethi
crisis at a time when she is surging in the polls ahead one of the big favorites sarah palin. jonathan karl is in washington and has more on all this. good morning, jon. >> reporter: good morning, robin. there is no presidential candidate with more momentum right now than michele bachmann. ♪ my home in -- >> reporter: no republican presidential candidate has taken a harder line on the debt ceiling showdown than michele bachmann. >> we were all shocked and appalled that president obama dangled out in front of the cameras that senior citizens may not get their checks. that's a very dangerous statement to make. we don't believe -- excuse me. excuse me. we don't believe that for a moment. >> reporter: tough talk from bachmann is nothing new but she now speaks with new-found authority as a top tier contender for the republican presidential nomination. a new national poll puts bachmann firmly in second place as the leading challenger to front-runner mitt romney. and in key first caucus state iowa, three separate polls over the past week put bachmann in first place. >> republican primary vo
to raise the debt ceiling. everybody fr everyone agrees. this is big for the republicans. never done before with a long-term budget plan to bring down the deficit. now everybody agrees also there has to be a balanced approach. they agree to $1.6 trillion in cuts and what the president is saying is there's $400 billion in tax subsidies. tax give ways, as al you mentioned, tot hedge fund managers, that we can no longer afford. now if republicans don't buy that, as david brooks said nothing in the new york times, they are idiots. they don't know how to govern. they won. they ought to take this deal. >> mr. brooks, conservative columnists, is saying come on. you are marginalizing yourself. can't even you even hear from your own people that ideal logically agreed with the republican line. >> well, look, reverend sharpton, you showed some polls a minute ago that showed 70 or 8 30ers don't agree with republican owns this or that or the other thing. if the republicans are standing up for their convictions and beliefs against the tide of public opinion, it may be political courage an political decis
, and everything, they give big tax breaks for the oil companies. the big manufacturers. they're taking jobs away from us. and why they think it is best to do that. i need an answer to that, because i work 40 years of my life, and now i'm disabled. and now they're talking about cutting everything. i just don't think -- i've even put my life on the line for this country, vietnam. why they think it's the right thing to do. host: thanks for your call. next up, a comment from hewitt, texas. tony, a republican there. good morning. caller: good morning. how's everybody there this morning? host: it's a little hot both temperature-wise and internally i think here. caller: yeah. you know, we deal with a few facts here this morning. that cut, cap and balance that was passed did two things that everybody just is totally bent out of shape about. one of which is that it would raise the debt ceiling, and we would give that community organizer everything he wanted. it also, at the time, would say that the united states would even have a downgrade in its debt rating. and what do we do? well, you got the presiden
of the need for a course correction. but weeks of negotiations have shown his commitment to big government is simply too great to lead to the kind of long-term reforms we need. >> reporter: reid says lawmakers must find a solution. >> we'll stay in session every day, saturday and sunday until congress passes legislation to prevent the united states from defaulting on negotiation. >> reporter: in chicago, key ally expressed support for the mcconnell-reid plan. >> more work to be done. joint committee can tackle it but it's responsible way out of the crisis. >> reporter: lindsey graham favors constitutional amendment but there isn't enough support in the senate. >> we have the people behind us. 72% of the american people want balanced budget. >> reporter: the president called for shared sacrifice. >> i am still pushing for to us achieve a big deal. but what i said to the group is if we can't do the biggest deal possible, then let's still be ambitious. let's still try to at least get a down payment on deficit reduction. >> reporter: but the cochair of the president's own deficit commission ha
's take a look at the big drop on wall street today. the dow closing down 198 points. about 1.5%. the nasdaq slipped 2.6%. the s&p 2%. another drop on wall street. mounting debt crisis could end up lowering the country's signature credit rating for the first time in decades. ahead, we'll lay out the severe consequences of such a move and why some say politicians here in washington are right now playing with fire. and not everyone thinks the country is approaching armageddon. why some lawmakers in congress are taking a hard line on raising the debt ceiling. stay with us. a vacation on a budget with expedia. make it work. booking a flight by itself is an uh-oh. see if we can "stitch" together a better deal. that's a hint, antoine. ooh! see what anandra did? booking your flight and hotel at the same time gets you prices hotels and airlines won't let expedia show separately. book it. major wow factor! where you book matters. expedia. ♪ you are my sunshine ♪ my only sunshine ♪ you makes me happy ♪ when skies are grey ♪ you'll never know, dear ♪ how much i love you ♪ p
with the story. and helping out ordinary folks . they are going to be tied when it comes . to get out of the big hole we are in, he will go after waste and tax breaks and nothing is off of the table. it would be nice if we can and it is millionaires and billionaires and are for hedge fund managers and corporate jet owners and oil and gas companies pulling in huge profits without our help. we'll have to make deeper cuts somewhere else. republican senator dan coats . mitch daniels said the government should follow daniel's lead. he turned things aroundd by cutting taxes . paying down debts . get it focused on. >> the president and democrats in congress recognize that their game plan is not working. it is time to acknowledge that more government and higher taxes is not the answer to our problem. it is time for bold action and a new plan to address our current crisis. >> and since it is the 4th of july weekend. both touched on the american spirit. senator coats wanted to make sure that the country is in good enough shape . all sides need to harness their love for the country and that we are going to
have lied on her asylum application. she can lie on her tax forms. that's not going to be the big problem. the big problem is when you start lying to the prosecutors about what happened in this incident, i don't see how they can move forward. >> robin sax, i want to bring you in. do you agree with dan? i mean do you think that this case can momo towards a dismissal now? >> well, there is no choice, unfortunately, but this case to move towards dismissal. the problem is that this case stinks all around. while this victim did lie, and i agree with dan completely that the fact that there may have been lies that were about applications and on asylum and the past but had it becomes about the crime itself it's a problem. but i blame the prosecutors for not building a rapport to get this information out from the beginning. the lack of transparency about the relationship between the third in command in the office with the defense is also a problem. something stinks in this case. it doesn't change the fact that this guy has three prior victims, and now thihiperson i
's right. you know, the big point of contention yesterday was with house majority leader eric cantor pushing for this short-term deal or a series of short-term deals. the president, according to democratic sources familiar with the talks, made it clear that that is something he does not support and something he would veto. the president has, for the last few days, and certainly weeks as well, been pushing for the biggest deal possible where it it seemed to get some support. of late, it has not. the president believing if you start talking about the short-term deals, you run into the political season where you negotiate the things all over again. if you can't get this done now, how will you get this done in the thick of the political season? tense discussions yesterday. the president agitated and believing that republicans are using the debt talks to make political points. the president making the point, according to those inside the meeting, that this kind of atmosphere just confirms some of the worst fears that americans have about the way washington works. >> well, yeah. the way wa
opposition to this big, but there, i predict, will be no democrat for this bill so because bipartisanship was not sought. i'm a diely concerned it would pus us right back on the praecipe of imminent default in just a few months, casting a pall of uncertainty. and leading to a job-destroying credit downgrade. >> i urge my colleagues in the name of sanity and in the name of ensuring in a we pass this measure and we send it to our colleagues in the united states senate. >> here areas a quick reality check if this bill passes the house, it's going to hit a big roadblock in the senate. senate democratic caucus, every member of that caucus has signed onto a letter say they will oppose the bill, and senate majority leader harry reid announced today they will quickly take up the bill in the senate this evening, but only to table the measure, a vote to table the measure effectively just setting it aside. that doesn't mean think couldn't take it back up if they wanted to, but it's a quick way legislative for democrats to show there is not enough support for this big to pass the senate. it brings us
's obama that's responsible for this fear in america. >> bill: big time entertainment mogul steve scorches president obama saying that big business fears his administration. but is that true? we'll have analysis. >> no, no, no. oh. things are tight in britain between anti-rupert -- we'll have the latest on that. >> did you ever cheat in school. >> i never cheated on a test but homework. >> yes to be honest. >> john stossel on cheating and charles krauthammer on what happens if sarah palin enters the presidential race. caution, you are about to enter the no spin zone, the factor begins right now. captions by closed captioning services >> bill: hi, i'm bill o'reilly. thanks for watching us tonight. does big business fear president obama? that is the subject of this evening's talking points memo. first of all, i'm not going to report all the minutia surrounding the debt debate. most of it is nonsense and doesn't affect you at all. most in government believe some debt deal will get done. that's speculation if anything concrete happens the factor will report it immediately. even if the debt cei
by putting big entitlement programs like medicare on the table there. even before the president's event began a short time ago, house speaker john boehner fired off the following tweet, saying, quote, will you take job-destroying tax hikes off the table, end quote? how to add to the mood hanging over tomorrow's debt summit listen to this exchange between the leaders of both parties today. >> it's ludicrous for the administration to propose raising hundreds of billions in taxes at a time when 14 million americans are looking for work and job creators are struggling. does the president now think the economy is doing so well that unemployment is so low and economic so rapid that we can take billions of dollars away from these very same job creators? >> will we be the kind of country that protects tax breaks and giveaways for the richest corporations while sacrificing seniors and the middle class? that is the america my republican colleagues have proposed. >> luke russert joins from us capitol hill. the president says he hopes everyone will leave the politics and the ideology at the door. do you
.5 trillion does not make any of the big issues go away. sooner or later republicans are going to have to swallow some revenue increases. host: what is the purpose of today's news conference from the president? caller: the purpose for the president is to set a delicate balance. on the one hand he wants to claim the political high ground, i assume, saying that he tried and pushed for historic bipartisan achievement. unfortunately, we will like it there. the reason is that republicans will not sign on to a bold, $1 trillion tax overhaul. so, he wants to show the voters that he is the big negotiator. everything that he said the revlon in 2008. but he does not want to poison the well to make these negotiations for the rest of the week. >> what is the main message coming from republicans going into this meeting? >> it would seem that their main message is probably going to stay the same period that we are for a big deal, but not a big tax increase. or any tax increase. once again they will be challenged to expand on this sharp rhetorical edge. id is a distinction without much of a differenc
of the united states of america. and the craziest part -- >> the u.n. wants to spend a big chunk of that money on things that have nothing to do with climate change in third world countries. stuart varney is here to weigh in on this. so where does this come from? where does the money come from and where would they like to see it go? >> where do you want to start on this one? this shows you how totally out of wack the global warming community is with american public opinion. what the u.n. says is this -- we need $1.9 trillion each and every year for 40 years in order to solve the climate problem worldwide and to reduce poverty and hunger worldwide. so they're bringing in poverty and hunger along with climate change. >> it's not all green. it's poverty, hunger and everything else. >> but you cannot eradicate poverty and hunger without going green because if you don't go green, you increase poverty and hunger. you got it? >> so where is this money expected to come from and how much is coming from the united states? >> ok, we contribute 22% of the united nations budget so theoretically, if this
of pirates is having a big impact on the world economy. we will explain. but first, early look at president obama's re-election effort. [ male announcer ] this...is the network -- a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more amecans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of new cell sites... f greater access to all the things you want, whenever you want them. it's the at&t network... and what's possible in here is almost impossible to say. this just in. friday, the pentagon will appeal the controversial "don't ask, don't tell" policy that has kept gays from openly serving in the military. according to the law, a 60-day waiting period goes in effect for the policy is officially implemented. other words, in two months. >>> the federal election committee says john edwards should repay $2.3 million to the federal government after audit found he received matching funds after dropping out of race. edwards'
it is that momentous. the flurry of talk last week about going big and swinging for the fences were underscoring the idea of the president and the speaker to persuade the democratic and republican rank- and-file to go for something as big as $4 trillion. it was a long shot to begin with. both sides decided to spend a few days pursuing this long shot and it turns out that speaker behner blinked first. he was the first one to realize publicly that he did not have the votes in his own troops to get this through because it would require too much. host: if the number goes down from $4 trillion, what gets left behind? guest: you go from $4 trillion down to something. the fall back number we think is $2.50 trillion. that is the amount of deficit reduction that would be necessary to get republicans to vote for an equivalent amount of debt ceiling increase. that is what is required to keep the treasury in the flush to get for the next election. that is the number and we know that the vice president had six members of congress and they were pretty close. they were at about $2 trillion. entirely from the s
and what doesn't get paid. another big story right now, a massive and dangerous heat wave is gripping much of the nation. here's how it looks and feels across the country. take a look at the red quarter. temperatures expected to reach 104 degrees in parts of texas today, in the southeast, temperatures are expected to reach the upper 90s and more than just uncomfortable, it's dangerous. heat has already claimed the life of at least one person in illinois and adding to that, the heat is causing drought conditions in the deep south to intensify. also this morning, hundreds of thousands still without power in the chicago area after strong thunderstorms rolled through. officials warn the power there might not be back on until saturday. let's go live to rob marciano outdoors this morning, silly rob, in atlanta's piedmont park. sun still not up, so it's still probably manageable there. but a lot of the south waking up this morning to 80 degrees overnight or higher. >> yeah. that's the thing. really hasn't cooled down much overnight, ali. even if you're out before the sun comes up you're still fee
that and in exchange for some minor tweaking of medicare, but nothing that really gives the republicans too big a win on that issue. and they would also argue, to gloria's point earlier, that you actually need this. this is not just a win for democrats, you need it because you need democratic votes to get this through because you're going to lose so many republicans who simply won't vote to extend the debt ceiling under any circumstances. so that's the calculus if you went with the middle deal, there would be an entirely different math for a tax reform package if you went with that larger deal that's more in the $4 trillion range. >> the irony here to me is that a larger deal would in many ways be easier to cut because it's so obvious what you would have to do. if you do a smaller deal, then you have to have eric cantor lay out by piece by piece by piece, cut by cut, by cut, what he would do if you don't have the revenue side of it. >> but to get the bigger deal, you need trust that they would actually then do comprehensive tax reform, rewrite the code so the republicans would make the case we didn't
's not going to be the big oblem. when you start lying to the prosecutors about what happened in this incident, i don't see how they c c move forward. >> robin, i want to bring you in. do you agree with dan and think this case can move towards a dismissal now? >> well, there is no choice, unfortunately, but this case to move towards dismissal. the problem is this case stinks all around. while this victim did lie and i agree with dan completely that the fact that there may have been lies that were about applications and asylummut when it becomes about the crime itself it's a problem but i blame the prosecutors for not building a rapport to get this out in the beginning. the lack of transparency about the relationship between the third in command with the office is a problem. something stinks in the case. doesn't change the fact this guy has three prior victims and now this person is also claiming the same sort of sexual abuse, it's a shame for victims everywhere. >> robin, as a prosecutor, if you felt the way you do, as you just laid it out, and you get a victim like this whose credibility is r
. the president must formally send up the nomination. fear of pirates is having a big impact on the world economy. we will explain. but first, early look at president obama's re-election effort. @@ this just in. friday, the pentagon will appeal the controversial "don't ask, don't tell" policy that has kept gays from openly serving in the military. according to the law, a 60-day waiting period goes in effect for the policy is officially implemented. other words, in two months. >>> the federal election committee says john edwards should repay $2.3 million to the federal government after audit found he received matching funds after dropping out of race. edwards' attorney says she doesn't owe anything. in june, he was indicted on eight separate felony charges for alleged violation of campaign finance laws related to the coverup of an affair. most projections say president obama will spend $1 billion on the re-election campaign but getting to the number won't come easy. white house correspondent mike emanuel reports on the political and fundraising tight rope the president has to walk. >> reporter: in
this economy and yeah, there's a big issue coming up with regards to the debt ceiling. the president ought to be in washington meeting with republicans, meeting with democrats, he shouldn't leave that town until he has an understanding of what it's going to take to get this economy going again and deal with the fiscal crisis that the country faces. but he's here raising money for a campaign. doesn't even have a primary opponent. >> the president was also in pennsylvania, the white house, though, fires back at that particular metal works plant, the allentown metal works that had been struggling for years when the president visited in 2009. president obama saying while i'm working, there will be candidates parading around the country and doing what they do can which is trying to attack. he told supporters in other parts of pennsylvania while mitt romney was there in pennsylvania. >> mitt romney did not mention his rivals. he's clearly taken the stance that i'm the frontrunner, i'm not going to mention tim pawlenty or michelle bachmann. why's he in pennsylvania? not an early primary state, k
the moments. americans are outraged you have to big chunk of americans that still believe that she was guilty in this case and even though she was proven not guilty, many say that doesn't mean she was innocent. and protesters were out there, outside of the jail, waiting for casey to leave just outraged take a listen to what some people were saying. >> we're just out here, we don't care if it's raining, where the thunder is, we're out here. >> it's an important thing to boycott casey, that she gets no money, protest that this kill ser getting out. that she had such a jury trial that was as much a joke. six-year-old would have made a more conscientious decision. >> sheet's definitely guilty. >> and dave mentioned the facebook, there's the i hate casey anthony facebook page. 45,000 now. >> dave: it's up now 48,755 and i would imagine that list will continue to grow throughout the days and weeks ahead. >> clayton: another one, an f-casey anthony page. more than 775,000 individuals on that. so they were choosing between the two facebook pages the i hate casey anthony page and another one. >> ainsl
big snag. >> this is amazing, the owners say we've ratified a deal. let's play ball and open up the gates on saturday. the players say wait a second, we haven't read the whole thing. how dare you end the longest standout and lockout in this league without our permission? listen. >> we can all work quickly expeditiously and get this agreement done. it's time to get back to football. that's what everybody here wants to do. >> i've never seen anything like that. the players wanted more time to study the last minute changes. they have a lot more players than owners. now they feel a little stand-offish, the delay means camps won't open tomorrow, perhaps and the hall of fame game that is the official launch for the preseason which is the nfl season is canceled. and every week of preseason that is canceled, average loss of $200 million for players and owners. >> big deal. >> can't we all just get along? >> how can you end a fight without the other person's permission? how can you end a stand-off without the other person agreeing? you can't do that! >> speaking of a fight and stand-
. the good news is, the pattern is changing. it's going to take a little while. right now here's that big upper-level ridge, but we're getting a little cooler air coming in. this, though, back in canada, this is where the real relief comes. as we move into the early part of next week, by tuesday, the heat breaks in the north east. seasonal in the mid atlantic states. unfortunately for our friends in the south and the southwest and gulf coast the heat goes on. ann? >> thank you very much. we'll get the rest of the forecast coming up. let's turn to what anne thompson was talking about, the idea of how dangerous the temperatures are. we're have dr. nancy snyderman with more tips. just remind us. who is most us is is sepsuscept? >> the heat wave like this, elderly and the very young people with breathing conditions. but right now, frankly, everyone is at risk. it's a reminder that as many people die of heat-related illnesses than all the natural disasters. that includes tornadoes, hurricanes, snow issues. number one thing, ann, is called heat stroke. that's where you're literally, your core b
backed bill included big spending cuts, a cap on spending and a constitutional amendment. >> it's a correct approach. this is fundamentally a spending problem. >> it passed in the house earlier this house. >> this vote the yeas are the 34. >> today majority leader harry reid grudgingly scheduled a senate vote. it failed just as he predicted. >> this is a very, very bad piece of legislation. >> today's vote could clear the way for one of several compromise deals. >> we all know mr. president there are talks going on between president obama and speaker boehner. >> this was a bit of hope yesterday when "the new york times" reported a possible deal between president obama and house speaker boehner. both sides quickly denied it. >> there is no deal. we are not close to a deal. >> there is no deal. no deal publicly, no deal privately. there is absolutely no deal. >> but he didn't say they're not talking about it. >> we've got to keep the lines of communication open. we talked about fall back options if in fact cut, cap and balance does go down. i do think that it's our obligation to h
into a full-time job and eventually led to her relationship with murdoch. >>> now to potentially big, big news in washington. debt talks, big news and a very significant step forward today, says president obama, just a short time ago. the president announced the so-called senate gang of six made of members from both parties has floated this new proposal that he, the president, can work with. the bipartisan group had thrown in the towel, ditched an earlier effort to find a debt reduction package okay to both parties and now at this late date 14 days until a potential government default. they're back with a plan that the president says includes deep spending cuts and, yes, also includes tax increases. here's the president. >> here's where we stand. we have a democratic president, an administration that is prepared to sign a tough package that includes both spending cuts, modifications to social security, medicaid, and medicare that would strengthen those systems and allow them to move forward and would include a revenue component. we now have a bipartisan group of senators who agree with that ba
.s. space program, this is a big one, the final shuttle landing ever bringing hundreds of job layoffs with it. >>> shark attack. it was in shallow water. a 6-year-old girl bitten by a shark in only a foot and a half of water. how to stay safe at the shore. >>> unbelievable. take a look at this. out of the wild, a leopard's rampage on a village all caught on camera. >>> good morning, everybody. well, like the dollar bill and air force one, nasa's space shuttles are known around the world, symbols of america's might. >> yeah, it's been quite a feat that is for sure, and this morning a bittersweet milestone for the storied shuttle program. the final landing of the 135th mission. the 30-year-old program ends with the homecoming of "atlantis" to the inteteational space station. the predawn landing marks the 25th time the shuttle has landed in darkness but the end of the shuttle era is also bringing big changes to nasa, of course. >> abc's lisa stark is live at kennedy space center on this momentous morning. and, lisa, what is the mood there right now? >> reporter: well, good morning, peggy
Search Results 0 to 49 of about 102 (some duplicates have been removed)

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